Ghana
The economy of Ghana has a diverse and rich resource base, including the manufacturing and exportation of digital technology goods, automotive and ship construction. The Country's natural resources are gold, timber, industrial diamonds, bauxite, manganese, fish, rubber and hydropower. The top exports of Ghana are Crude Petroleum, Gold, Cocoa Beans, Cocoa Paste and Cocoa Butter. Its top imports are Refined Petroleum, Crude Petroleum, Gold, Rice and Packaged Medicaments.

Descreptive Data

Unemployment, %
Ages 15-24 Population Ratio, %37.164
Population Over 65, %5.3
Net Migration Rate-50000
EIU Country Risk Score59
Fitch Sovereign RatingB
S&P Sovereign RatingB-
Moody's Sovereign RatingB3
Big Mac Index

Economic Data

2017201820192020
Ability to Pay
Real GDP YOY%8.7%6.8%7.9%-1.1%
GDP Value (BLN USD)57646564
GDP per Capita (USD)1663221722212188
Currency Reserves ex Gold (BLN USD)6.75.97.1
Reserves 1Y Chg (%)20%-11%20%
Total External Debt (%GDP)72%
Total External Debt (BLN USD)41
Budget Surplus/def (%GDP)
Inflation (Risk)
CPI (yoy %)12%9.9%8.7%9.9%
Trade Balance
Current Account (% of GDP)-4.5%-3.1%-2.7%-4.5%
Exports (BLN USD)131516
Imports (BLN USD)131210
Unemployment Rate
Unemployment (%)

Financial Data

2017201820192020
Equity & Banking Sector (Risk)
1Y Price Change (%) (GGSECI Index)53%-3.1%-9.7%-14%
EIU Banking Risk60
Credit Market (Risk)
10Y Bond Spread (10Y UST)100
5Y CDS
Foreign Exchange (Risk)
3 Month Deposit (%)17%
FX Vol - 3M Implied Vol
Historical 3M Volatility
Real Effective Exchange Rate787269
Real Rates (%)3.8%

Political Risk

2017201820192020
Political Risk Exposure
EIU Political Risk51
Risk From Doing Business
Ease of Doing Business Rank108120114118
Starting a Business Rank110110108116
Risk From Government
WGI Control Of Corruption-0.2-0.1-0.08
WGI Govt Effectiveness-0.1-0.2-0.2
WGI Regulatory Quality-0.1-0.09-0.1
WGI Rule Of Law0.10.070.05
Deviation of Ghana's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk